Author: admin

18 Mar The ‘Oscars of Hong Kong’s construction industry’, the CIC Outstanding Contractor Award 2024 is open for application

Posted at 05:00h in Asia

[The content of this article has been produced by our advertising partner.]Contractors are pivotal to Hong Kong’s construction sector, coordinating with stakeholders and overseeing project progress and quality. The CIC Outstanding Contractor Award recognises these contractors and encourages companies to revitalise the profession through professionalisation...

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18 Mar Xiaomi’s internet business sees rapid growth in overseas markets with its growing suite of services

Posted at 04:41h in Asia

As the number of internet users continues to grow, one smartphone manufacturer is hoping to optimise its core internet business to improve its suite of experiences for users. Globally, there are an estimated 5.3 billion internet users today – two-thirds of the world’s population. Across...

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18 Mar Hong Kong stocks retreat as China data raises doubts about strength of economic recovery

Posted at 02:47h in Asia

Hong Kong stocks declined for a fourth straight session on Monday after a batch of government data showed China’s economic recovery was still tentative, as retail sales and employment data both lagged street estimates, while sentiment was also cautious ahead of the US Federal Reserve...

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18 Mar Hong Kong’s Gaw Capital bets on ‘China plus one’ opportunities in Vietnam and Mexico, AI-boom driven US office market growth to offset mainland woes

Posted at 01:30h in Asia

Vietnam, India and Mexico are seen as countries most likely to capture business from China.“Vietnam and Mexico are easier as these two countries welcome [Chinese firms] setting up production facilities,” Gaw said. “But India doesn’t like domestic investment from China.“The biggest beneficiaries will be those...

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18 Mar Exclusive | Janus Henderson to focus on Greater Bay Area, Hong Kong investment-migration scheme, CEO Ali Dibadj says

Posted at 00:30h in Asia

“[Hong Kong] is a portal to such a huge part of the world and it is a portal that continues to grow,” Dibadj said, noting that it would be foolish to doubt Hong Kong’s vibrancy in an apparent dig at comments made recently by Stephen...

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17 Mar Japanese firms snap up retail spaces in Hong Kong, making the most of city’s low rents and residents’ fondness for country’s brands

Posted at 23:30h in Asia

More Japanese brands and retailers are likely to occupy shops in Hong Kong this year, drawn to the city’s more reasonable retail rents, as well as Hongkongers’ affection for anything related to the land of kawaii and sushi.Over the past two years, Japanese businesses have...

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17 Mar Affordable retirement destinations in Spain, Thailand and more

Posted at 14:00h in Europe

Retiring in the U.S. can be expensive. In Florida, often the favorite state of the nation's retirees, settling down to enjoy your golden years can cost as much as $58,396 a year.That's one reason why many Americans choose to leave the States and retire abroad....

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17 Mar How a Silicon Valley trend is impacting an $8B Canadian farm industry

Posted at 13:00h in Canada

In Frontier, Sask., a town of fewer than 400 people, the Honey Bee Manufacturing plant looms large at 120,000 square feet.The business, which makes headers and swathers, has grown from a two-man family operation to a manufacturer that employs roughly 200 people and ships agricultural...

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17 Mar Hong Kong homebuyers snap up Uptown East flats worth US$179 million in Kowloon Bay, as market rebounds after curbs removal

Posted at 12:32h in Asia

The first batch of flats on sale include studios and two-bedroom units, ranging in size between 278 and 561 square feet (25.8 and 52 square metres). The units were priced from HK$3.73 million to HK$8.89 million after discounts of up to 23 per cent. Another...

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17 Mar China’s cryptocurrency investors made gains of more than US$1 billion in 2023 despite sweeping government ban

Posted at 10:00h in Asia

Hong Kong cryptocurrency investors realised gains of US$250 million last year, according to Chainalysis. In 2021, they made US$1.3 billion.The prices of cryptocurrencies against the US dollar are displayed on a screen in Hong Kong in this file photo from February 29, 2024. Photo: BloombergOverall,...

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